With three key subscription drivers -- F1, IPL and HBO -- gone, can Disney+Hotstar depend only on its chart-topping originals like Criminal Justice and Rudra: Edge of Darkness to hit both scale and profitability?
Claiming that merger discussions with South African firm MTN are progressing 'satisfactorily', Bharti Airtel said on Thursday that the period for exclusive talks has been extended by yet another month till September 30. This is the second time this month that the period for exclusive talks has been extended.
Nasper-backed fintech firm PayU has started talks to acquire domestic payment gateway major BillDesk, and the deal size could be in the range of $3-4 billion, sources in the know said. "BillDesk has been open to being acquired for some time now, but in the past the valuations that the company was seeking proved to be a hurdle," said a source. "Three years ago too, PayU had approached BillDesk for an acquisition, but things didn't go ahead due to high valuations. "BillDesk had asked for $2-billion value then," said the source.
A top commander of the outlawed Tehreek-e-Taliban Pakistan (TTP) Omar Khalid Khorasani and three other top terrorists have been killed in a mysterious blast in eastern Afghanistan's Paktika province, a Pakistani media report said on Monday.
In June this year, Reliance agreed to merge its 50,000 telecom tower portfolio with GTL Infra in a cash-and-stock deal. Post merger, this would have been arguably the largest independent tower platform with an enterprise value of around $11billion.
'I believe that as we produce more, our cost will come down further. We will maintain our competitiveness.'
'The market has picked up for commercial vehicles. We are very close to pre-pandemic levels.'
The discussions are 'indicative and non-binding' in nature.
If infiltration and violence remain under control 'it will make it easier for me to seek a further reduction of troops' in J&K he said.
The Congress has convinced at least eight Telangana Rashtra Samithi MLAs to join them.
Emerging from a "consultative" meeting chaired by Chief Minister E K Palaniswami, Finance Minister D Jayakumar declared that the "unanimous" decision was taken in tune with the aspirations of the party cadres and people.
The telecom industry is moving towards a five-plus one model.
A Vodafone Group insider with more than 25 years in the telco across geographies, he's like the eyes and ears of the multinational in India.
'The JD-U is my party and of thousands of leaders and workers.' 'It is certainly not Nitish Kumar's party.'
The CEOs met late last month to discuss the agreement. Industry experts said one advantage would be the fact that GoAir was looking at increasing its fleet to 20 aircraft by 2011. "If SpiceJet acquires the airline, it will gain access to slots for the aircraft orders which it can sell," said an industry expert. Selling order slots has emerged as a lucrative revenue stream for several Indian airlines that are feeling the pinch of falling passenger traffic.
With regulatory uncertainties clouding the future of online pharmacies, deals in the space are showing signs of slowdown, as also fresh investment from private-equity (PE) firms and venture capitalists (VCs). The data from Venture Intelligence shows so far in 2023 (as of June 13) there has been one deal with PE-VC funding. In 2022 there were four, a sharp fall from the 12, totalling $1,520 million, the sector had attracted in 2021.
Calculations based on the latest marketshare figures released by the ministry of civil aviation show that while a merger with GoAir or its acquisition would give SpiceJet a marketshare of 15 per cent, a merger with IndiGo would give it a hold over more than a quarter of the market. SpiceJet's current market share stands at 12 per cent.
Maharashtra Deputy Chief Minister Devendra Fadnavis on Wednesday said no village in Maharashtra has sought merger with Karnataka recently, and there is no question of any border village "going anywhere".
The government is not in a "crazy rush" to sell everything and it will continue to have a presence in four strategic sectors, including telecom, Finance Minister Nirmala Sitharaman said on Saturday. In strategic sectors, a bare minimum presence of the existing public sector commercial enterprises at the holding company level will be retained under government control. The remaining enterprises in a strategic sector will be considered for privatisation or merger with another PSE or for closure.
After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
Pawar's daughter and Lok Sabha member Supriya Sule tried to placate the protesters outside the house, saying she was ready to talk to them but she must ensure first that her parents who were inside were safe.
'It is Maharashtra that started this fire.' 'Suddenly, out of nowhere, they started talking about the border dispute being sub judice and they started talking about meeting the people in Belagavi who want to break up our state.'
Bihar Chief Minister Nitish Kumar on Sunday met Rahul Gandhi at his residence in New Delhi as the talks on alliance to take on the Bharatiya Janata Party in Bihar polls gained momentum.
In FY23, the State Bank of India (SBI) reported a 57.4 per cent jump in its net profit to Rs 55,684.17 crore. But the chairman of the country's largest bank, Dinesh Khara's annual pay for this creditable performance was just Rs 37 lakh (his peers at state-run banks are no better off). Look at his private bank rivals - most pocketed in excess of Rs 7 crore annually - plus stock options.
Premier no-frills carrier IndiGo on Monday said there is no truth in reports that its competitor Spicejet is acquiring 7.5 per cent stake in it.
US e-commerce major Amazon Wednesday apprehended the "disappearance" of assets and sought an interim order from the Supreme Court to ensure the preservation of assets of Future Retail Ltd besides resumption of arbitration over FRL's merger deal with Reliance Retail. A bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli took note of the allegations of the US firm that the "applecart was being upset" by its rivals and asked the Future group firms, FRL and Future Coupons Ltd (FCPL), to respond to the interim plea of Amazon seeking resumption of arbitration and preservation of assets and fixed the hearing on March 23. Amazon and Future group are engaged in multi-forum litigations on the issue of FRL's merger deal to the tune of Rs 24,500 crore with Reliance Retail Ltd after the US e-commerce giant dragged the latter to arbitration at the Singapore International Arbitration Centre (SIAC) in October 2020.
A tweet by O Panneerselvam, leader of the Puratchi Thalaivi faction of All India Anna Dravida Munnetra Kazhagam, on a possible alliance with the Bharatiya Janata Party after the declaration of civic polls kicked up a storm on Saturday.
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
The UT has been facing a widespread power shutdown Since Sunday owing to a deadlock between the Power Development Department (PDD) employees and the administration over the latter's bid to privatise electricity in the region.
The country's largest private lender HDFC Bank is planning to facilitate a shift in its payments module from the existing core banking platform. This would ensure minimal payments downtime, even if core banking is not available. "This 15-month project will be followed by hollowing the customer-master modules from its existing core systems. "It will ensure a single system of record for customers across various products," said Sashidhar Jagdishan, managing director (MD) & chief executive officer (CEO), in the annual report for 2021-22.
Pawar claimed that since the last few weeks, conscious attempts were being made by the Karnataka CM to take the situation in a different direction.
RIL's stake in Network18 would reduce to 64 per cent, from 75%, following the merger
Sources said a merger could benefit both as Grofers' private labels business would be a draw for Zomato, as well as its experience in the online grocery delivery space.
Prime Minister Narendra Modi on Tuesday linked opposition parties coming together against the Bharatiya Janata Party to his government's campaign against corruption, and asserted that the clampdown on graft will continue without being hindered by "false allegations".
LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.
Banerjee said she would also raise issues like name change of the state as well matters like merger of public sector banks during the meeting.
'If the Kukis and Meiteis are the warring groups, then we need to find space for a third group which can mediate between the two.'
The MES and some political outfits in Maharashtra have been pressing for this demand on the ground that the district and a few other neighbouring areas of Karnataka have a substantial Marathi speaking population.
Billionaire Gautam Adani's group has created a new company for its foray into healthcare services through the acquisition of large hospitals, diagnostic chains, and offline and digital pharmacies. Adani Enterprises Ltd - the group's business incubator firm - in a regulatory filing said a wholly-owned subsidiary, Adani Health Ventures Ltd (AHVL) was incorporated on May 17, 2022. AVHL will "carry on the business of healthcare-related activities including, inter alia, setting up, running, administrating medical and diagnostic facilities, health aids, health tech-based facilities, research centers and to do all other allied and incidental activities in this regard," it said.
The political uproar continues in Bihar, as Chief Minister Nitish Kumar alleged that the Bharatiya Janata Party wanted to make R C P Singh the Eknath Shinde of Bihar and isolate the Janata Dal-United party.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances